Lowe's 2002 Annual Report Download - page 29

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Unearned Accumulated
Capital in Compensation- Other Total
Common Stock Excess of Retained Restricted Comprehensive Shareholders’
(In Millions) Shares Amount Par Value Earnings Stock Awards Income Equity
Balance January 28, 2000 764.7 $ 382 $ 1,564 $ 2,762 $ (13) $ – $ 4,695
Comprehensive Income:
Net Earnings 810
Other comprehensive income, net
of income taxes and reclassification
adjustments: unrealized gain on
available-for-sale securities (Note 9) 1
Total Comprehensive Income 811
Tax Effect of Non-qualified
Stock Options Exercised 8 8
Cash Dividends (53) (53)
Employee Stock Options Exercised (Note 9) 1.4 1 11 12
Employee Stock Purchase Plan (Note 9) 0.9 15 15
Unearned Compensation —
Restricted Stock Awards (Note 9) (0.5) (3) 11 8
Balance February 2, 2001 766.5 $ 383 $ 1,595 $ 3,519 $ (2) $ 1 $ 5,496
Comprehensive Income:
Net Earnings 1,023
Total Comprehensive Income 1,023
Tax Effect of Non-qualified
Stock Options Exercised 35 35
Cash Dividends (60) (60)
Employee Stock Options Exercised (Note 9) 5.6 3 74 77
Stock Issued to ESOP (Notes 9 and 14) 1.9 1 62 63
Employee Stock Purchase Plan (Note 9) 1.7 1 37 38
Unearned Compensation —
Restricted Stock Awards (Note 9) 22
Balance February 1, 2002 775.7 $ 388 $ 1,803 $ 4,482 $ – $ 1 $ 6,674
Comprehensive Income:
Net Earnings 1,471
Total Comprehensive Income 1,471
Tax Effect of Non-qualified
Stock Options Exercised 29 29
Cash Dividends (66) (66)
Employee Stock Options Exercised (Note 9) 2.9 1 64 65
Stock Issued to ESOP (Notes 9 and 14) 1.9 1 78 79
Employee Stock Purchase Plan (Note 9) 1.4 1 49 50
Balance January 31, 2003 781.9 $ 391 $ 2,023 $ 5,887 $ – $ 1 $ 8,302
See accompanying notes to the consolidated financial statements.
LOWE’S CO MPANIES, INC.
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY